ESCONDIDO, California USA
Feb. 11, 2021– Marijuana Company of America Inc. (“MCOA” or the “Company”) (OTC: MCOA), an emerging company and leader offering unique exposure to the global cannabis sector, today commends the Hemp Feed Coalition (HFC) for being the first organization in the U.S. to submit an application for federal approval of hemp as an official feed ingredient.
According to the HFC, the submission has been put forward for consideration by the Association of American Feed Control Officials and the U.S. Food and Drug Association-Center for Veterinary Medicine (FDA-CVM).
Once approved, this ingredient application will allow hempseed meal and cake to be legally used as commercial feed for laying hens.
MCOA is a leader in the global movement to promote industrial hemp as a wellness solution for both humans and animals. In addition to its extensive line of premium hemp-based cannabidiol (CBD) products for human use, MCOA offers Pet Drops, a CBD-enriched nutritional supplement for cats and dogs.
The Company considers the HFC’s application an advancement of hemp’s value in the cannabis sector and a testament to its widespread application. “As an industry pioneer who has been articulating the value in hemp products for many years, we view this as a demonstration of trust that hemp-based products offer great potential for the wellness of all mammals,” stated Jesus M. Quintero, CEO of MCOA.
“Though regulatory hurdles remain before this proposed submission is finalized, MCOA applauds the HFC and looks forward to seeing the outcome.”
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